Endeavor Selling OpenBet And IMG Arena In Ari Emanuel-Backed $450 Million Management Buyout
Endeavor is selling OpenBet and IMG Arena in a management buyout backed by Ariel Emanuel with participation from executives of OpenBet, including CEO Jordan Levin.
Endeavor to sell OpenBet, IMG Arena for about $450 million to management-led group
Endeavor Group will sell its OpenBet and IMG Arena businesses to management-led group OB Global backed by Hollywood power broker Ari Emanuel for about $450 million, the sports and entertainment company said on Monday.
Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-led management buyout
Endeavor said it will sell two of its properties to OB Global Holdings LLC, in a management buyout backed by Endeavor CEO Ari Emanuel.
Endeavor Selling OpenBet and IMG Arena Sports-Gaming Units in $450 Million Management Buyout Backed by Ari Emanuel
Endeavor agreed to sell OpenBet and IMG Arena, its sports gambling and technology businesses, in a $450 million management buyout backed by Endeavor chief Ari Emanuel with participation from OpenBet CEO Jordan Levin and other execs.
Endeavor selling IMG Arena, OpenBet for around $450m
Endeavor announced the deal - a management buyout by a group operating as OB Global Holdings that also involves OpenBet executives such as CEO Jordan Levin - yesterday. Levin will
Endeavor Announces Deal To Sell OpenBet, IMG Arena For $450M To OB Global
The company called the transaction a crucial step toward the completion of the proposed Endeavor take-private by Silver Lake. It is subject to standard closing conditions, including the necessary approvals from relevant gaming regulatory authorities,
Ari Emanuel Built a Live-Events Powerhouse, Now He's Remodeling
Attention is now turning to the UFC’s future with Disney’s ESPN, with their current broadcast deal set to expire in early ...
WWE & UFC Parent TKO Group Sees Q3 Gains – One Year In “Our Conviction In This Business Is As Strong As Ever”- CEO Ari Emanuel
Ari Emanuel’s TKO Group beat Wall Street estimates with third quarter revenue for the WWE and UFC parent surging 52%.
Sportskeeda8h
Major update on how much power Vince McMahon has in TKO following controversy & resignation in January 2024
Vince McMahon's sale of WWE to TKO was done to secure himself in a great position even after he stepped down as CEO and Chairman in June 2022.
Endeavor to Sell OpenBet and IMG Arena In Management Buyout Backed By Ari Emanuel
Endeavor continues to part ways with its different businesses, striking a deal on Monday to sell its OpenBet and IMG Arena ...
Endeavor to Sell OpenBet, IMG Arena in Management-Backed Buyout
Endeavor Group Holdings Inc. has agreed to sell OpenBet and IMG Arena in a management buyout backed by Ari Emanuel, with ...
Endeavor to Sell OpenBet, IMG Arena in $450 Million Management Buyout Backed by Ari Emanuel
The deal, which also includes participation from Endeavor CEO Ari Emanuel and OpenBet CEO Jordan Levin, will be financed ...
Hosted on MSN3d
Endeavor CEO Buys Endeavor Betting Biz for $450 Million
Endeavor CEO Ari Emanuel is leading a buyout of his company's sports betting assets-IMG Arena and OpenBet-for $450 ...